United StatesColoradoDurango275 & 295 Confluence Avenue

275 & 295 Confluence Avenue
275 & 295 Confluence Avenue Durango, Colorado 81301 United States

$2,495,000
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This is a great investment opportunity to own two fourplex apartments (8 total units) in the heart of the Three Springs Community. These eight apartments are all currently rented. They offer two different floor plans with 896 square feet on the...

Listing Courtesy of The Wells Group of Durango, Inc.

Listing Courtesy of The Wells Group of Durango, Inc.
$2,495,000
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8
Full Baths
8,317 Sq Ft.
Interior
.28 Acres
Exterior
Other
Property type
2009
Year Built
793001
Web Id
793001
MLS ID
Three Springs
Subdivision
16
days ago

About 275 & 295 Confluence Avenue

This is a great investment opportunity to own two fourplex apartments (8 total units) in the heart of the Three Springs Community. These eight apartments are all currently rented. They offer two different floor plans with 896 square feet on the first floor and 928 square feet on the second floor. Each unit features two bedrooms, two full baths, a washer/dryer, appliances, fire sprinklers, and a private rear patio/deck. The units have been well maintained with new carpet and paint in between tenants, a perfect turn key investment. Additionally each unit is separately metered for gas and electric, and the both roofs were replaced in 2021. They are located in the Three Springs community just six miles east of downtown Durango. Three Springs features restaurants, a gym, offices, a convenience store, access to trails, Mercy Regional Medical Center, and more. There are a plethora of activities and events here as well as public transportation to downtown and just eight miles from Durango La Plata County Airport. Connected to the Grandview/Three Springs development area there is a large number of businesses providing conveniences to all of the residents.

Listing Courtesy of The Wells Group of Durango, Inc., CREN MLS

Amenities

  • Carpet

PROPERTY INFORMATION

Heating
Natural Gas, Forced Air
Parking Description
10-20 Total Spaces
Sewer
City Water, District Sewer
Waterfront
No

INTERIOR

Flooring
Carpet, Vinyl

ADDITIONAL INFORMATION

Number of Units
8
Listing Courtesy of The Wells Group of Durango, Inc.

Listing Courtesy of The Wells Group of Durango, Inc.

Listing Courtesy of The Wells Group of Durango, Inc.

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